One day the story of China’s “super-embassy”, whether it is built or not, will be the subject of the kind of book-length investigative reporting that wins worthy prizes, writes Eliot …
October 2025
FTSE 100 giant Natwest shares surge to 15-year high
Natwest shares rallied to a 15-year high on Monday morning after the lending giant’s post-results stock boom continued into the new week. The FTSE 100 titan’s shares were up over …
Income tax raid tops Brits’ list of Budget fears
Brits are more fearful of an income tax raid at the Budget than a rise in VAT or stricter rules on inheritance, a survey has found, with mounting speculation now …
Ballooning office rents price creative industries out of UK cities
The UK’s creative industries are under threat from a spike in rents and a shortage of suitable space, according to a new report. With rents up a third since 2019 …
Looking for Growth? Look no further.
The fury online is palpable, high-fliers feel undervalued, and ‘Britain is Broken’ has become the ridiculing punchline enjoyed by American crypto traders and digital nomads. Here though, at a mini …
EY UK bounces back with growth in most divisions but consulting lags
Big Four giant EY UK has seen a bounce back after its fee income grew by 2 per cent over the last financial year to £3.78bn, with the majority of …
Are we heading for a 1980s-style inflation spike?
What lessons should policymakers from the Lawson Boom and subsequent recession? Asks Daniel Mahoney High inflation, unreliable data and a government banking on growth. While this sounds familiar, it was …
Thousands of jobs at risk as Petrofac appoints administrators
North Sea oil and energy services group Petrofac has appointed administrators, putting thousands of jobs at risk. The company said it took the decision after one of its customers, TenneT, …
HSBC makes $1.1bn provision after Madoff fraud ruling
FTSE 100 banking giant HSBC has set aside just over a billion pounds following the resolution of an investment fraud case in Luxembourg. HSBC faced a lawsuit from Cayman Islands-based …
These are the City’s four key recommendations for the Budget
Financial services should remain VAT-free. The bank levy and surcharge should be phased out over time. And stamp duty on UK shares should be abolished, says Chris Hayward A month …